Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
This card is best used as a balance transfer card, which provides people the needed time to get their credit balances under control. The ideal target of this card is to be used in circumstances where you may have a balance on another credit card, which you cannot pay off in time to avoid paying the high interest rates.
Therefore, the U.S. Bank Visa Platinum is named hero to save you from paying those high interest rates when you simply transfer the balance to this card from your existing credit card.
*View the latest US Bank Promotions here.*
U.S. Bank Visa® Platinum Card Summary
| Bonus Available | No sign-up bonus available for this card |
| Intro APR | 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 18.99% – 28.99%. |
| Ongoing Rewards/Benefits | Cell phone protection plan, up to $600 per claim and $1,200 per year (subject to $25 deductible)
Free monthly VantageScore and credit simulation tools Fraud Protection |
| Foreign Transaction Fees | 2% of each foreign purchase transaction |
| Annual Fee | $0 |
U.S. Bank Visa Platinum Card Top Features
With the U.S. Bank Visa Platinum Card, you will be charged no annual fee, so this this is a great card to consider as a new card.
In addition to their other perks, this card also helps you pay your cellphone bill every month because it has coverage for damage or theft up to $600, with a $25 deductible, for up to two claims for a total of $1,200 per 12-month period. With this perk, you can get both your phone and additional lines covered.
Please do note that this insurance is secondary which means any other phone insurances you have will be prioritized over this one. This does not cover loss of a cell phone like most insurance from wireless carriers.
Fraud protection: You’ll be notified of any unusual card activity to stay a step ahead of credit card fraud.
24/7 account access: The U.S. Bank Mobile App makes it easy to visualize your payment, balance and transactions at any time.
Free credit score: You’ll receive your TransUnion credit score on online banking and receive email alerts to any major changes to track your credit progress.
Autopay: If you are worried about keeping track of payments, you can set up automatic payments each billing period.
 |
 |
Bottom Line
Again, the chance to get a great credit card from U.S. Bank is now available with a variety of great perks! The U.S. Bank Visa® Platinum Card offers online bill pay, low purchase interest rates for high credit scores, and zero-liability protection against false purchases.
This is a great card for those of you who have good credit and need to carry a balance from month to month. For more posts like this, check out our list of the Best 0% APR Balance Transfer Credit Cards.
Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
Dear Sirs:
Throughout the year I was an enrolled banker with US Bank, I had to utilize the police department helping, declaring FELONIOUS charges depicted with U S Bank that only allowed the use of signatures and later replaced charges to said accounts!
Also, U S Bank would change your debit cards at random without your permission, delaying your services and or accounting FEES you did not owe! Later, after taking all of your money from balance in accounts, restore the written dollar amounts, yet never replacing your dollars’ balances, closing out the accounts, later, after placing accounts with creditors, requests that I compromise with them!! Too late! Credit ruined, and money removed from accounts, Business account, and easy checking many times!!!!
Watch your US Bank cards carefully and be aware that USB is more interested in their bottom line than treating their customers well. I opened a US Bank Platinum card several years ago when I was rebuilding my credit after a divorce. I was approved for a decent size credit limit with a 9.99% interest rate. Then when the economy was in shambles and the stock market crashed, US Bank was in trouble financially so they cut their risk by screwing their customers. They dropped my credit limit four times (it’s now about 40% of the original limit) and they increased my interest rate to 19.24%, and then increased it again to 26.99% for any new purchases. It would be easy to see why they would have done this if I had problematic credit, but I do not. I have never missed or made a late payment to them (or to any of my other creditors for the last 10 years now), no over-limits, no problems of any kind. Their only explanation was the length of my credit history. I recently switched employers, so after I have been there a few more months I will ask for a review, but I’m not counting on getting my original deal back. My point: just know that if USB gets themselves into trouble again, they will pass the expense on to you, whether you deserve it or not.